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    Mattoon, IL Retail Properties & Spaces for Sale

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    10 listings
    Modern Strip Mall For Sale
    $2,500,000
    9,938 SF
    Modern Strip Mall For Sale

    905 Remington Road, Mattoon, IL 61938

    Built in 2017, this strip mall offers great investment potential.
    • Excellent location with great access to the interstate, big box stores, and restaurants.
    • Modern construction: Built in 2017.
    • Substantial building size: 9,938 square feet.
    • Large lot size: 2.38 acres.
    • Equipped with 3‑phase electric power.
    Updated: Apr 20
    View details
    Retail Building in Mattoon, Illinois
    $500,000
    25,000 SF
    Retail Building in Mattoon, Illinois

    1401 Charleston Ave, Mattoon, IL

    Retail building leased to a national tenant for sale.
    • National tenant provides a reliable income stream.
    • Investment grade tenant ensures stability.
    • Seven‑year gross lease offers long‑term security.
    • Retail building in a visible location.
    • Fee simple interest.
    Updated: Sep 1, 2025
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    Valvoline Corporate Lease Investment Opportunity
    $1,195,000
    Valvoline Corporate Lease Investment Opportunity

    New, long-term corporate lease with options in Mattoon, Illinois.

    700 Broadway Ave E, Mattoon, IL 61938

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    Retail, Office
    $1,100,000
    14,588 SF
    Retail, Office

    Office Units · 14,588 SF

    123 North 15th Street, Mattoon, IL 61938

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    Former KFC Investment Property
    $550,000
    2,449 SF
    Former KFC Investment Property

    Former KFC property in Mattoon, Illinois, for sale.

    1000 Charleston Ave, Mattoon, IL

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    Retail Building on Charleston Avenue
    $500,000
    Retail Building on Charleston Avenue

    Retail building leased to a national tenant in Mattoon, Illinois.

    1400 Charleston Ave |, Mattoon, IL 61938

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    Spacious Retail Property with Living
    $439,000
    7,784 SF
    Spacious Retail Property with Living

    Large retail space with living quarters and ample storage.

    712 Lake Land Blvd, Mattoon, IL 61938

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    Turnkey Investment Property with Expansion Potential
    $495,000
    0.48 Acres
    Turnkey Investment Property with Expansion Potential

    Leased retail spaces with vacant lot for future development.

    921 Lake Land Blvd, Mattoon, IL 61938

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    New Dollar General Plus Store
    $2,124,439
    10,566 SF
    New Dollar General Plus Store

    New 10,566 SF Dollar General Plus store in Illinois.

    1717 Lake Land Blvd, Mattoon, IL 61938

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    Former Bank Building Near Mall
    Contact for pricing
    1,806 SF
    Former Bank Building Near Mall

    1,806 SF former bank building on 1.6 AC for sale.

    402 Richmond Ave E, Mattoon, IL 61938

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 10 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Drive-Through
    $270,000
    3,600 SF
    Restaurant Building with Drive-Through

    3,600 SF restaurant building with drive-through and full kitchen.

    430 W State St, Charleston, IL 61920

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    Turnkey Restaurant in Arcola, Illinois
    $325,000
    1,800 SF
    Turnkey Restaurant in Arcola, Illinois

    Vacant restaurant with full kitchen, tables, and chairs for sale.

    547 E Springfield Rd, Arcola, IL 61910

    View details
    Mixed-Use Downtown Brick Building
    $60,000
    0.05 Acres
    Mixed-Use Downtown Brick Building

    Own a mixed-use property with flexible street-level business space and a tenant-occupied 2-bedroom apartment.

    110 E Main Street, Arcola, IL 61910

    View details
    Charleston, IL Former KFC Property
    Contact for pricing
    3,160 SF
    Charleston, IL Former KFC Property

    Former KFC property with drive-thru in Charleston, Illinois.

    2310 Lincoln Ave, Charleston, IL

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tuscola Land For Sale
    Contact for pricing
    Tuscola Land For Sale

    Corner lot near downtown, suitable for commercial or residential use.

    206 S Washington Street, Tuscola, IL 61953

    View details
    Prime Commercial Lot in Savoy
    $125,000
    3,800 SF
    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874

    View details
    Savoy, IL Commercial Development Land
    $450,000
    5,000 SF
    Savoy, IL Commercial Development Land

    1.97-acre commercial parcel in high-growth Savoy corridor.

    612 CLARENDON Court, Savoy, IL 61874

    View details
    Commercial Land Near Main Street
    $30,000
    0.91 Acres
    Commercial Land Near Main Street

    0.91 acre commercial lot with endless opportunities in Sidney, IL.

    413 W Main Street, Sidney, IL 61877

    View details

    Off-Market Properties in Mattoon, IL

    Consider similar Off-Market properties in Mattoon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    402 Richmond Ave
    Individual retail properties
    1,806 SF Lot: 1.60 Acres
    Value Estimation by Request

    402 Richmond Ave, Mattoon, IL 61938

    View details
    1500 Lakeland Mattoon Il
    Power centers
    31,585 SF
    Value Estimation by Request

    1500 Lakeland Mattoon Il, Mattoon, IL 61938

    View details
    402 Richmond Ave
    Individual retail properties
    1,806 SF Lot: 1.60 Acres
    Value Estimation by Request

    402 Richmond Ave, Mattoon, IL 61938

    View details
    208 Charleston Ave
    Individual retail properties
    54,394 SF
    Value Estimation by Request

    208 Charleston Ave, Mattoon, IL 61938

    View details

    Mattoon, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 14 retail properties & spaces for sale in Mattoon, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 70,350 square feet of properties for sale, with an estimated market value of $7,713,439.

    Sale prices for stores in Mattoon, IL start at $439,000, averaging $1,101,919, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Banks 2
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) -6.4%
    Median Household Income $54,288
    College Educated 31.1%

    High-Yield Neighborhoods for Investment

    Identify Mattoon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61938 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 7.54%
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

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